The Dairy Development Corporation (DDC), Nepal's largest state-owned dairy aggregator and distributor, has launched a major structural cleanup to regain farmer trust and recover from its ongoing financial distress. Under the decisive leadership of General Manager Saran Kumar Pandey, the corporation made the tough call to delay employee salaries and allowances temporarily, prioritizing direct payments to dairy farmers instead. This aggressive shift resulted in a massive injection of Rs 160 million into farmers' accounts in less than three weeks. To sustain this momentum, DDC is implementing a rigorous 32-point turnaround blueprint focusing on minimizing administrative waste, tightening quality controls, and stopping supply-chain leakages. Stripping away legacy staff benefits like free milk and ghee is alone expected to save DDC Rs 30 million annually. On the commercial front, recent public backing from the Prime Minister has boosted DDC's brand value, spiking daily sales by 5% to 10% and drawing in nearly 50 new distribution partners nationwide. Addressing stock rumors, the management clarified that its current inventory of Rs 700 to 750 million in powdered milk and butter is a necessary buffer for the upcoming dry season, while reassuring stakeholders that the corporation is solidly on track to settle all outstanding farmer liabilities within a strict 90-day timeline.
DDC Pumps Rs 160 Million to Dairy Farmers in Just 20 Days
DDC prioritized farmers' dues by cutting employee perks and internal costs, dispersing Rs 160 million within the last twenty days.
Published By Share Gyan
